Here is an excellent opportunity to acquire a combination of 160 acres of tillable & pasture land with a nice grain bin site located in a tightly held area of Lincoln County.  There are approx. 95 tillable acres along with 50+ acres of pasture that are ready to be farmed and grazed in 2020.  This farm has good soils and would make an excellent addition to any producer, cattleman, or investor.

Property Location: From Lennox, SD on Hwy 17 go approx. 5 miles south to the Intersection of Hwy 17 & 284^th St, then go ½ mile west.  Watch for signs! 

NOTE: Auction will be held in the Wieman Auction Facility on Hwy 44 near Marion, SD.

TRACT #1 – 23.38 ACRES +/- of Tillable Land including a 32,000 Bushel Bin

• This tract has approx. 21 acres tillable with the balance of this land in the bin site. 
• This property includes a Superior 32,000-bushel dryer bin built in 2009.
• Predominant soil types are Chancellor-Wakonda- Tetonka complex and Wentworth-Chancellor silty clay loams that carry a productivity index of 76.8.

Legal: Tract 1 of Kroger Addition, an addition in the SW ¼ in Section 29-98-51, Lincoln County, SD.

TRACT #2 – 53.91 ACRES +/- of Pasture Land

• Predominant soil types are Worthing silty clay loams, Chancellor-Wakonda- Tetonka complex, and Wentworth-Chancellor silty clay loams that carry a productivity index of 53.3
• Improvements include the old Sunnyside Country School building with a small addition for cattle and equipment.  This tract also includes an 80’ working well for servicing the pasture.
• This tract would make a nice addition to for any cattle producer or horse enthusiasts!

Legal: Tract 2 of Kroger Addition, an addition in the SW ¼ in Section 29-98-51, Lincoln County, SD.

TRACT #3 – 83 ACRES +/- of Tillable Land

• This tract has approx. 82.9 acres tillable with 9.5 acres enrolled in CRP at $294/acre until 9/30/26.
• Predominant soil types are Chancellor-Wakonda- Tetonka complex and Wentworth-Chancellor silty clay loams, that carry a productivity index of 72.3.

Legal: Tract 3 of Kroger Addition, an addition in the SW ¼ in Section 29-98-51, Lincoln County, SD.

TRACT #4 – 160 ACRES

• Combination of Tracts 1, 2, & 3.
• The current assessed value is $418,192 and 2019 RE taxes are $4,488.10
• Lennox School District 41-4

TERMS:   Cash Sale with a 10% nonrefundable down payment on Sale Day and the balance on or before May 1, 2020.  A warranty deed will be provided. Title insurance will be utilized with the cost of Owner’s Policy split 50/50 between buyer and seller.  Buyer will receive full possession for the 2020 Crop Year.  Buyer to pay all 2020 real estate taxes due in 2021.  Closing fee will be split 50/50 between buyer and seller.  Property sold subject to filing the proposed survey plat if property is sold in separate tracts.  Seller to pay all survey costs.  Sold subject to the owner’s confirmation and any easement of record – Come prepared to buy! Wieman Land & Auction Co., Inc. is representing the seller in this transaction.

BONUS - TRACT #5 – 74.4 ACRES OF TILLABLE LAND FOR CASH RENT

• This tract consists of 74.4 acres of all tillable land with a soil rating of 84.2!
• This is a 1-year sub-lease for the 2020 crop year.  The successful bidder/tenant will have the right to renegotiate with the landowner, Patty Kroger, on a go forward basis.
• This tract was planted to soybeans in 2019.  Bean stubble was worked in the fall of 2019.
• 100% payment made on sale day with immediate possession for the 2020 crop year.

Legal: The N ½ NW ¼ in 29-98-51, Lincoln County, SD.

We invite you to view these parcels of land at your convenience.  Feel free to drive out and around the property.  For an information packet, go to www.wiemanauction.com or contact auctioneers for more details.

NOTE: Auction will be held in the Wieman Auction Facility near Marion, SD.  Come prepared to buy!

MARK KROGER - OWNER